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Stock Market & Financial Investment News

News Breaks
January 7, 2014
06:22 EDTPLD, REXR, DCT, EGP, STAGIndustrial REIT sector upgraded to Overweight at Wells Fargo
Wells Fargo upgraded the Industrial REIT sector to Overweight from Market Weight on expectations rent growth will continue throughout 2014. The firm has Outperform ratings on shares of ProLogis (PLD) and Rexford Industrial (REXR), and Market Perform ratings on DCT Industrial (DCT), EastGroup Properties (EGP) and STAG Industrial (STAG).
News For PLD;REXR;DCT;EGP;STAG From The Last 14 Days
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April 14, 2014
09:06 EDTPLDPrologis signs four development lease agreement in Q1 in Brazil and Mexico
Prologis announced it signed four development lease agreements in the Q1 totaling 582,000 square feet in Brazil and Mexico. The agreements include: 290,000 square feet at Prologis CCP Dutra in Sao Paulo, pre-leased to a leading wholesale warehouse club and repeat Brazil customer. The property is proximate to the airport; and 113,000 square feet at Prologis CCP Queimados with a major pharmaceutical distributor near Rio de Janeiro; and 179,000 square feet at Prologis Park Toluca in Mexico to two separate customers: a regional packaging producer and a leading automotive company. The park totals 628,000 square feet with expansion capabilities to more than 1 million square feet.
April 10, 2014
09:04 EDTPLDPrologis preleases 211K square feet in Japan development
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